Co-op created an app using the Mobile Commerce SDK, which is part of the UP eCommerce Payments solution. With the app on their own device, customers can scan products as they shop, and when they’re ready to check out the cost is deducted from their Apple Pay or Google Pay.
Source: ACI Worldwide Transaction Management Solutions, Software Reviews, Accessed September 5, 2019.
Payment innovation is accelerating as consumers are looking for more convenience.Retailers are actively pursuing opportunities to make shopping in their stores easier, faster, and more convenient for their customers. Amazon Go stores have managed to eliminate the need to scan any products, but highly sophisticated technology is required to track consumers in this way. ACI’s Pay-in-the-Aisle product strikes a good balance, offering convenience for the customer without requiring the retailer to dramatically alter its in-store technology requirements.
Finastra FusionPAYPlus attains SWIFT Certification, one of five global providers to achieve this status in Europe.
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Experian acquires Australian fintech “Look Who’s Charging” to supplement its banking transaction platform.
Gravity, a UK- based small and medium-size enterprise bank will use Finastra Fusion Essence Cloud Banking for loan and deposit book automation.
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Finastra announces deepening of relationship with Microsoft in a recent press release.
Three global banks launched a blockchain-based platform to bring the promise of open ledgers and contracts to the loan management market.
Xero squanders its advantage of being one of the very few collaboration tools with financial application know-how by simply offering an alternative to a well-established online accounting tool incumbent.
Consumers using mobile devices for bill payment is creating new challenges for merchants and their banks.